GlobalStar (GSAT) and Apple agreed to make certain amendments to Services Agreements

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Evercore ISI on Apple (AAPL): 'EVR Monthly App Store Update: Dec-qtr Off to a Good Start'

November 5, 2024 3:26 PM EST

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $250.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "ALL YOU NEED TO KNOW: App Store revenue grew +15% in October, a small acceleration vs the 14% growth rate in September. Apple guided services growth to ~13% in the Dec-qtr, so if App Store revenue can maintain this growth... More

BofA Securities Reiterates Buy Rating on Apple (AAPL)

November 5, 2024 5:23 AM EST

BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $256.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "With the U.S. presidential election taking place on Tuesday, Nov 5th, we look at the potential impact to Apples earnings under three scenarios: 1)... More

BofA Securities Reiterates Buy Rating on Apple (AAPL)

November 4, 2024 6:48 AM EST

BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $256.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "As per SensorTower data, App Store revenues in F1Q25 (after 33 days) increased to $2.9bn (+14.5% y/y, according to data on developer revs from... More

HSBC on Apple (AAPL): 'We see Apple bringing useful services to its customers (and unmatched privacy too)'

November 1, 2024 9:48 AM EDT

HSBC analyst Erwan Rambourg reiterated a Hold rating and $190.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "

Fiscal Q4 24 results: Apple delivered a record revenue for its September-end quarter, including for iPhone and an all-time record for Services revenue. Group revenues grew 6.1% to USD95bn (0.4% beat vs Visible Alpha consensus). Greater China sales were almost flat (-0.3% y-o-y) after four consecutive quarters of decrease. iPhone sales were up 5.5% y-o-y, a 2% consensus beat (49% of Group sales). Gross margin hit USD43.9bn (0.8% beat, 46.2% of sales vs guided 45.5-46.5%). EPS of USD0.97 was short of... More